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forsale [732]
3 years ago
12

1. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of real and nominal variables.

The following questions test your understanding of this distinction. Yvette spends all of her money on paperback novels and beignets. In 2014, she earned $27.00 per hour, the price of a paperback novel was $9.00, and the price of a beignet was $3.00.
Which of the following give the nominal value of a variable? Check all that apply.

-The price of a beignet is $3.00 in 2011.

-Maria's wage is $27.00 per hour in 2011.

-The price of a beignet is 0.33 paperback novels in 2011.
Business
1 answer:
Archy [21]3 years ago
8 0

Answer:

These two options represent nominal values:

-The price of a beignet is $3.00 in 2011.

-Maria's wage is $27.00 per hour in 2011.

They are expressed in monetary value without taking into account inflation, or without being represented in terms of something else.

This option represents real value:

-The price of a beignet is 0.33 paperback novels in 2011.

The price of a beignet, nominally $3.00 is being expressed in relation to the price of something else: paperback novels, whose nominal price is $9.00.

In other words, in real terms, a beignet costs a third of what a paperback novel costs.

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Answer:

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Svetlanka [38]

Answer: Infrastructure Challenge.

Explanation:

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Sometimes there would be potholes that require careful maneuvering and sometimes the roads would be washed out. In this case Escents is experiencing Dela due to washed-out roads or faulty bridges which are examples of infrastructural damage.

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3 years ago
ABC Company owns 30% of the outstanding shares of Teal Company. At the beginning of the current year, the carrying value of Teal
BabaBlast [244]

Answer:

$69,000

Explanation:

Percentage of shares owned by ABC in Teal's company = 30%

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Attributable income is the remaining income after dividends have been settled.

<u>Workings</u>

The opening carrying value of the shares on ABC balance sheet = 60,000

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6 0
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The rhythmic value of beamed notes is determined by
nikitadnepr [17]

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began a new development project in 2020. The project reached technological feasibility on June 30, 2021, and was available for r
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$352,500

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amortization expense = $1,410,000 / 4 = $352,500

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